What is the definition of management?

• Management is solely about financial oversight.

• Management is the act of controlling employees without any planning.

• Management is the process of making decisions without considering resources.

• Management is the process of planning, organizing, leading, and controlling resources to achieve specific goals.

Which of the following is NOT a function of management?

• Organizing

• Controlling

• Selling

• Planning

How is management considered a science?

• Management is a science as it relies exclusively on anecdotal evidence and personal opinions.

• Management is a science because it focuses solely on intuition and personal experience.

• Management is considered a science due to its emphasis on artistic expression and creativity.

• Management is a science due to its reliance on systematic methods, empirical data, and theoretical frameworks.

In what ways can management be seen as an art?

• Management is purely a science based on data analysis.

• Management is only about following strict rules and procedures.

• Management is an art due to its reliance on creativity, intuition, and personal style in decision-making and interpersonal relations.

• Management does not involve personal style or creativity.

Who is known as the father of scientific management?

• Elon Musk

• Thomas Edison

• Henry Ford

• Frederick Winslow Taylor

What are the key principles of F.W. Taylor's management theory?

• Key principles of F.W. Taylor's management theory include scientific study of tasks, selection and training of workers, standardization, division of labor, and cooperation between management and workers.

• Focus on emotional intelligence in leadership

• Complete autonomy for workers without management oversight

• Emphasis on intuition over scientific methods

How did Peter F. Drucker define management?

• Management is defined as a way to avoid setting goals.

• Management is solely about controlling employees.

• Management is defined as a practice of setting objectives and organizing resources to achieve them.

• Management is a process of making profits without planning.

What is the significance of planning in management?

• Planning is only necessary for large organizations.

• Planning eliminates all risks in management.

• Planning is irrelevant to resource allocation.

• Planning is significant in management as it provides direction, optimizes resource use, reduces uncertainty, and improves decision-making.

Which function of management involves organizing resources?

• Leading

• Planning

• Organizing

• Controlling

How does leadership play a role in management as an art?

• Leadership is irrelevant to team performance.

• Leadership is only about giving orders.

• Management does not require any interpersonal skills.

• Leadership is essential in management as it inspires teams, fosters collaboration, and drives organizational success.